Navigating the aftermath of SCOTUS decision on Florida's $100 billion student debt

1 min read
Source: Tampa Bay Times
Navigating the aftermath of SCOTUS decision on Florida's $100 billion student debt
Photo: Tampa Bay Times
TL;DR Summary

The U.S. Supreme Court ruled against President Joe Biden's debt relief program, stating that Congress needed to approve such an action for it to be legal. As a result, Florida's $100 billion student debt, the third largest in the nation, will resume accruing interest in September, with payments resuming in October. Efforts to trim back the amount owed have failed, leaving borrowers to face the consequences of non-payment.

Share this article

Reading Insights

Total Reads

0

Unique Readers

0

Time Saved

2 min

vs 3 min read

Condensed

86%

48768 words

Want the full story? Read the original article

Read on Tampa Bay Times